Fergie's Tech Blog

CIA in Silicon Valley Invests in -- Shocker -- A Tiny Photo Lens

Matt Marshall writes on SiliconBeat:

The CIA's venture arm, In-Q-Tel, may have lost its lead Silicon Valley operator, Gilman Louie, but the group is still working away on deals here.

Gilman has since launched a venture capital firm, and has gone quiet for now.

But Ben Choi, one of the In-Q-Tel guys holding the fort here in Silicon Valley at the group's secret Menlo Park office, told us yesterday he's just made an investment into Rhevision Technology, which is making a miniature zoom lens for cameras. Its Website is still under construction, but the company says modestly that the lens module is "going to rock the entire camera-phone industry."

Rhevision is a spin-out of UCSD. EDF Ventures joined In-Q-Tel in the investment, but the amount was undisclosed.

posted by Fergie @ 5/05/2006 09:44:00 AM